Stran secures construction client contract worth nearly seven figures

Stran & Company Inc. (NASDAQ: SWAG) announced it secured a new contract to provide promotional services to a construction materials and systems provider serving commercial and residential markets. The agreement is expected to generate nearly seven figures in annual revenue.

Under the contract, Stran will deliver branded merchandise, promotional campaigns, and program management services. The company plans to use its platform spanning creative services, global sourcing, inventory management, and fulfillment to support the client's marketing initiatives.

"This award highlights our continued success in winning business with large organizations that value scalable, turnkey marketing solutions," said Andy Shape, President and CEO of Stran. "With an expected annual revenue contribution approaching seven figures, this engagement represents a meaningful step forward in expanding our enterprise client base and enhancing the overall quality and visibility of our revenue."

Shape added that the engagement reflects the company's ability to enter new verticals and establishes a foundation for potential expansion through additional campaigns, geographies, and product categories.

Stran operates as an outsourced marketing solutions provider specializing in promotional products and loyalty incentive programs. The company serves Fortune 500 companies across various industries for promotional marketing, loyalty and incentive, sponsorship activation, recruitment, retention, and wellness campaigns.

The Quincy, Massachusetts-based company has operated for over 30 years in the promotional products industry. The information is based on a company press release.

You May Also Be Interested In

• AES prices $1 billion senior notes offering with 2029 and 2033 maturities
• SEC proposes eliminating Order Protection Rule for trading
• Palisade Bio adds two industry veterans to board of directors